๐ **BitGo Enters Stablecoin Arena with USDS!** ๐
Hold onto your hats, crypto enthusiasts! BitGo, backed by Goldman Sachs, is launching a new stablecoin, USDS, pegged to the US dollar. Set to debut in January 2025, USDS aims to shake up the stablecoin world by rewarding network participants with up to 98% of earnings! ๐ฐ
- **Backed by:** Treasury Bills, overnight repos, and cash.
- **Issued by:** BitGo New York Trust Company.
- **Mint & Burn:** With USD, USDT, or USDC โ no fees!
Think USDS can dethrone USDT and USDC? Let us know in the comments! ๐